hmmm. this late in the game and still getting calls. They don't have a quorum and/or not enough yes votes. They will probably postpone the special meeting
Diker sold out at the low to Miller. I know for a fact that Diker bought in at much higher prices based on the timing of their 13F's. diker has been putting selling pressure on this for 1 year now. Good to have them gone.
BTW - I know of no company when you "resign" that gives you 18 months pay, accelerates vesting of stock options and restricted stock, and gives you 18 months paid health care. Heck, I'd resign from companies every other year if that was the case.
Only caseyboy2 is confused by the whole firing of the CEO and entire BOD.
yes. Add it up yourself.
- Avis owns 1M shares that are not even registered and can't be sold. They also own 600K warrants that expire in August and will expire worthless ($10 strike)
- Institutions own over 2/3 or 8M shares
- 1M+ shares for insiders
Isn't going to the SaaS sales model for VMS supposed to correct that? Smoothes out the revenue. We took the hit last year transitioning to that model and "should" be rewarded this year
not sure if the Q4 numbers need to be good. I think the outlook is more important. If they say wait till 2nd half of year again, it will be a bloodbath. I just can't see that happening
I expect $11M in Q4 revenue and sequentially growing through this year. That should mean near break even last qtr and break even this quarter. Considering they are at about $5M/qtr in recurring revenues, adding another $6M+ should be easy
so you'd rather have all those fake trades back and forth between 2 parties like CDTI did? No wonder you lost a ton there.
The number of shares in the float is minuscule. 3M max
one of the easiest things to do is vote NO on management compensation. I generally do that for almost all the companies I own as I believe management in general is overpaid. The vast majority of folks blindly vote yes to everything.
Miller has probably talked to the other sizable investors and is waiting to see year end results and outlook. I think he will but some big pressure on them if they come up flat.
what debt? They have no debt, just an unused credit line which is insurance so they get a clean audit opinion.
you don't get your severance. Plain and simple. Anyone who has held a real job would know that. Anyone who has been on the dole their whole would not.
The CEO and entire BOD were fired.
yes I do. If they held stock it would need to be reported. There are no institutions in this stock and there have been none for years. Your definition is meaningless. keep that stupid opinion to yourself as your are confusing and misleading others who know the classic and real definition of institutions.
Never mentioned before but CLCT bought a company called IntelliQuote back at end of 2014 for $200K. It provides an API for coin dealers and coin exchanges to receive real-time bid/ask quotes for coins. Also has a price history going back 15 years.
Costs $129/month for a 2 user license. Had $48K in revenue from Nov 2014 - June 2015. So paid about 3X revenue.